Mitrade Bonuses and Promotions Overview
Mitrade is a CFD and forex broker founded in 2011 in Melbourne, Australia, regulated through multiple entities including Australia’s ASIC and Cyprus’s CySEC. Unlike some of the more institutional or heavily-regulated brokers covered elsewhere on this site, Mitrade does run promotional campaigns — including a welcome bonus, a referral program, and a points-based reward campaign — making it a more conventional fit for readers specifically comparing bonus offers.
This article draws on Mitrade’s own official pages and independent broker-review sources rather than an affiliate relationship, so no account-opening links are included here.
| Specification | Detail |
|---|---|
| Founded | 2011 (Melbourne, Australia) |
| Regulation | ASIC, CySEC, Mauritius FSC, South Africa FSCA, UAE CMA |
| Welcome Bonus | Up to $2,000 for deposits over $10,000 (per Mitrade’s own materials) |
| Other Promotions | Referral program; points-based reward campaign for $200+ deposits within 7 days |
Promotional Offers
Mitrade’s own materials describe a tiered welcome bonus program offering up to $2,000 in bonus credit, scaled to deposit size, with the top tier requiring deposits over $10,000 — meaning the headline figure isn’t available to smaller-deposit traders. Separately, Mitrade runs a referral program and a reward campaign granting points for deposits of $200 or more made within 7 days of registration. According to the bonus terms, credited amounts become eligible for withdrawal only after meeting cumulative deposit and trading-volume requirements within 60 calendar days of registration — a fairly typical bonus-unlock structure, but one worth reading carefully before assuming the bonus is immediately usable.
Trading Conditions
Mitrade offers two live account types: Standard, with leverage up to 1:30 on major forex pairs for retail clients under ASIC/CySEC rules, and Pro, offering leverage up to 1:200 for eligible experienced traders (primarily in Australia) along with a dedicated account manager. Mitrade operates a zero-commission model with costs built into floating spreads from around 0.4-0.5 pips, and minimum deposits vary by region — reported as low as $20 in some markets. Notably, Mitrade does not support MetaTrader 4 or MetaTrader 5, trading exclusively through its own proprietary web and mobile platforms.
Instrument Range
Mitrade’s published materials cite over 800 tradable instruments across forex, individual stocks, ETFs, commodities, and cryptocurrency CFDs. The crypto offering is unusually broad for this kind of multi-asset broker — reportedly around 97 major and minor crypto pairs — a genuinely wide selection worth noting even for readers primarily interested in the promotional side.
Pros and Cons for Bonus Hunters
| Pros | Cons |
|---|---|
| Welcome bonus, referral program, and reward campaign all available | Top welcome-bonus tier ($2,000) requires a $10,000+ deposit |
| Very low minimum deposit ($20 in some regions) for the base account | Bonus funds require meeting deposit/trading conditions within 60 days before becoming withdrawable |
| Broad crypto CFD selection (~97 pairs) | No MT4/MT5 — proprietary platform only |
| Regulated across five jurisdictions including ASIC and CySEC | Some independent reviews report withdrawal-related complaints |
Is Mitrade Worth It for Bonuses?
Mitrade’s promotional lineup is genuinely more generous than many of the heavily-regulated brokers covered on this site, with a welcome bonus, referral program, and reward campaign all available — though the largest welcome-bonus tier requires a substantial $10,000+ deposit, and bonus funds carry a 60-day unlock period tied to deposit and trading-volume conditions. Traders specifically drawn by the promotions should read the current terms carefully and weigh them against the broker’s regulated but multi-entity structure before depositing.
FAQ
- Does Mitrade offer a welcome bonus?
- Yes, up to $2,000 according to Mitrade’s own materials, scaled to deposit size with the top tier requiring deposits over $10,000.
- How do I unlock Mitrade’s bonus funds for withdrawal?
- Per Mitrade’s own terms, bonus credit becomes withdrawable only after meeting cumulative deposit and trading-volume requirements within 60 calendar days of registration.
- Is Mitrade regulated?
- Yes, through multiple entities including ASIC (Australia) and CySEC (Cyprus), plus entities in Mauritius, South Africa, and the UAE.
- What is Mitrade’s minimum deposit?
- As low as $20 in some regions, though this varies by market.
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